How’s the real estate market in one of the most popular neighborhoods in Seattle?

Centrally located Green Lake has been a long time favorite area for many buyers and sellers. Buyers get a classic craftsman style home with original character and charm from the early 1900’s and sellers have been busy for the past 30 days.

With 31 Green Lake homes selling in the month of August, the median Green Lake home value hovers around $592,500 or roughly $333.00 per square foot.

A look from last August 2013, there were 13 less Green Lake properties sold this August but the median price increased by 8.14%.

Here’s a snap shot of what has sold for the month of August 2014:

Need a Green Lake Realtor?

I’ve been specializing in Green Lake and the surrounding Seattle neighborhoods (Wallingford, Phinney Ridge, Ravenna, Greenwood, and Fremont) since 2001. Are you curious what your Seattle home is worth in today’s market?

Give me a call and let’s find out. Are you a buyer who craves the quality of life these neighborhoods can offer? I look forward to talking to you too.

Green Lake Home Owner Selling Tips: If you are thinking about moving right now, there are some different approaches you need to take to be successful. We have a list of qualified Green Lake buyers waiting for the right house to come on the market. You won't have any trouble selling your house. No one can argue that fact right now.

Inventory is low and it is common to have multiple offers numbering in the teens.

The issue is making sure you take full advantage of the the situation by maximizing the terms to your benefit.

Some of the considerations

Where are you planning on moving and what are the market conditions there? If you plan on purchasing a Seattle home in Green Lake or another hot neighborhood, then you should be well prepared for making a competitive offer. Many people like to sell before moving, but in today's market if you have the ability at all to purchase and then sell your Green Lake home, then you have a safety net of making sure you secure your new home before you sell your current one.

Pricing: We can get you far more money then you probably imagined for your home. That is just the reality of the situation right now. Let us know what your timeline is and we can give you a better idea of price as well as provide you with a detailed market analysis to show you what is going on on a day to day basis. Real estate changes daily and it is important to rely on an expert on the street.

Inspections, Preinspections, disclosures. Be prepared for buyers to preinspect your home before making an offer. This is so they can safely waive their inspection and offer you a stronger contract. Many buyers are also just waiving the inspection without preinspecting. In addition to a traditional structural inspection, many buyers are having a sewer scope performed on homes they are putting offers in on. Be prepared to possibly disclose newly discovered information about your home as a result of things that could come up in negotiations if you accept an offer subject to inspection. Choosing an offer that has either completely waived the inspection or has waived it based on a preinspection protects you from the possibility of having to disclose additional information you may not otherwise have knowledge of.

There are more things to consider. I am happy to sit down with you and discuss your particular situation to help you gain the biggest return on your hard earned investment.

Here we are in December 2010 and rumor has it, one of the slowest times of the year for real estate. Or is it?

Taking a look at the real estate stats for the last 30 days in the Green Lake neighborhood, there has been 24 transactions. 18 solds and 6 pending to close. Not too shabby! Along with these closed or closing homes, there’s 15 active homes on the market right now. Looking at the last two months of inventory in Green Lake, it appears the inventory has reduced just a bit from 29 active homes.

The median price range has held steady in these autumn months – teetering back and forth between $493,500 and $498,000 but from October through today sellers have retained 98% of their list price.

Cooper Jacobs Real Estate currently represents three properties in Green Lake in all three categories – one closed, one pending to close and one active. We’ve seen a demand for quality, newer or newly remodeled homes.

Grandly Restored Green Lake Craftman

For example this beautifully restored craftsman on Meridian – blocks from Blanchet High School. Selling for full asking price, the seller honed in (with a lot of sweat equity) on her restoration efforts by keeping true to the era of the house but also keeping in mind energy efficiencies and qualities people are seeking for in a newer home today.

Newly remodeled Green Lake home

Another stunning Green Lake remodeled home is pending to close. The sellers also kept true to the beautiful craftsman’s lofty ceilings, bold crown moulding, and predictable roofline and pillars. They created warm and inviting rooms that their family shared the most time in, making practical spaces throughout the entire 2400 square foot house.

And last but certainly not least is a 2006 newer home in Green Lake for sale. If you’re looking for a spacious home with openess and comfort then look no further. This home has it all and just blocks to the lake for a morning walk or pedal on the bike commuting lane for work. The possibilities are endless for this over 3400 square foot house complete with 4 bedrooms and 4.25 baths. A huge garage and extra parking in the back is perfect for your recreational toys too!

Newer Green Lake Home For Sale

There are some wonderful homes on the market right now in Green Lake! Are you interested in knowing if it’s the right time for you to sell? What is your home worth in the current market trends? Give us a call or shoot us an email. We’d be happy to consult you! For more Green Lake real estate for sale, visit us at our website.

Handsome 1910 Green Lake Home Just Listed! Spacious and charming offering an expansive remodel to encompass a friendly floorplan and functional spaces. Nestled between Green Lake and Greenwood, this home offers double dynamic neighborhoods with a walkscore of 83!

The gas fireplace is the perfect centerpiece between the large dining room and the casual great room to entertain.

2,450 square feet is complete with 4 bedrooms and 2 3/4 bath plus loads of storage space. A perfect resource room or kids corner is smartly designed on the main floor next to the kitchen. Separate heating zoned for upstairs and downstairs for your comfort.

This modern bungalow sits on a quiet, residential street with exclusive driveway, and a huge private backyard.

Oh how I do love Green Lake and the appeal it has over me. I’m a runner, so I want to say thank you for giving me flat trails to run until my heart’s content. But no thank you when I get low times in races with hills.

On a more serious note, Green Lake has tons to offer – we know this, right (?) or else you wouldn’t be reading about this awesome Seattle neighborhood. It has the schools, the park, the location, the water, the views, the new architecture, the old architecture, the history, libraries, pizza joints, amazing schools, and yes Starbucks.

This beauty, built in 2006, has over 3,400 square feet of functional, livable space with every inch thoughtfully laidout. Spacious front porch to watch the walkers go by, lofty ceilings with stylish two toned neutral colors to add to the airy appeal. 4 bedrooms and 5 baths including two master bathrooms all on the upper floor. The walk-in pantry keeps the main kitchen virtually clutter-free. An easy two car garage accessed through the private alley. Did I mention the A/C and a back-up generator? This home has it all.

Contact us for a tour!

Link to the outdoor environment. Link to Green Lake Real Estate. Let us know if you want more information about this Green Lake home or Seattle’s Green Lake (Greenlake) neighborhood.

Top 5 Selling Improvements On ABudget: You should know putting on a new roof or stainless steel appliances in the kitchen won’t necessarily sell your home faster and you definitely won’t recoup the cost.

So what does help improve our home when it’s up for sale that won’t cost an arm and a leg?

Number 1: CLEAN UP. I mean take your home to the next level. Hire a pro and give it a deep cleaning. Remember how great it looks and smells afterwards? Keep that up with a weekly clean (either you or a pro) and it will really pay off with first impressions. Also make small repairs, ie: broken outlets, door latches, flaws that the buyer views as signs of deeper problems.

Number 2: STORE YOUR CLUTTER. $100 a month for a storage unit (or a good friend or relative’s use of their garage) to store those holiday decorations, extra kitchen pots and pans, arts and crafts, and extra clothes in the closets. It will make your house look bigger, brighter, and more valuable.

Number 3: TIDY THE YARD. Again, first impressions and curb appeal. It’s not necessary to uproot the junipers and jack hammer the cement pathway. Simple put color spots or planters in empty places, rip out any weeds and mow any grass.

Number 4: PAINT. Interior and exterior. It’s likely to cost less for you to do it before selling. You’ll recoup more in the long run.

Number 5: REPLACE HARDWARE: Instead of remodeling that kitchen, just paint cupboards and pick out new hardware.

For most, the value added is a mere fraction of the cost. So it’s in your best interest to do these small steps above by honing in on attention to detail for a greater return.

Green Lake Real Estate Home Values: April 2010. Green Lake real estate has never been so affordable! It’s Spring! And it’s tax credit season – well at least by April 30th.

Let’s take a look at the current Green Lake real estate market for single family residences (no Green Lake condos or Green Lake townhouses). There are 59 active Green Lake MLS listings, 13 pending homes, and 10 sold homes in the month of April. 8 out of 10 Green Lake homes sold did so in less than a month. The other 2 were multi million dollar homes and they took 120 days.

Average sold price in Green Lake right now for April 2010 is $343,333 for a two bedroom. $501,650 for a 3 bedroom, surprisingly lower for a 4 bedroom at $437,000 and finally for 5 bedrooms and up it’s on average $800,000 and up.

Of course there are many reasons to make Green Lake your next home.

There’s the 2.8 mile paved loop on the inside or the 3.2 mile dirt loop on the outside of the lake’s parameters. Turn Pike Pizza is amazing and one of a kind, even though the name sounds too familiar. Super Jock and Jill sports apparel and #1 running shoe retailer of all time. SPUD Fish n Chips – they must have grandfather rights cause this place has been a staple of Green Lake since 1940 and it’s considered a historical sight. Okay, so if that’s not a reason to live in Green Lake then…

Maybe you’ll enjoy Mockingbird Books next to Rosita’s: the all-time favorite kids place to eat while Mom or Dad suck down a margarita. And those all those who wondered if there was a popular bar in this 35’s something 2.5 kid neighborhood…yes! You can’t miss the nightlife (which begins at 2pm) at the LittleRed Hen! So you see, Green Lake has both major franchises like Starbizzle and Title Nine Sports. But it also has Urban Cafe (where you get a FREE coffe with cake or pie!) and Skinlogic.

I live and breathe Green Lake. Why? Because for me, it’s safe, affordable, awesome location, great schools, and I can run 2.8 miles and grab a Zeeks Pizza and Ben & Jerry’s Ice Cream right after.

Interested in knowing more about Green Lake? Living in Green Lake since 1996. Molly@CooperJacobs.com